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佳明（GRMN）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是佳明的1.1倍（$1.9B vs $1.8B），佳明净利率更高（23.1% vs 8.4%，领先14.7%），佳明同比增速更快（14.0% vs 3.5%），佳明自由现金流更多（$469.4M vs $296.4M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs 7.9%）
佳明（Garmin）是总部位于美国堪萨斯州奥拉西的跨国科技企业，专注于设计、研发、生产及销售GPS功能产品，以及导航、通讯、传感类信息产品，业务覆盖汽车、航空、航海、户外、运动健身等多个领域。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
GRMN vs RPM — 直观对比
营收规模更大
RPM
是对方的1.1倍
$1.8B
营收增速更快
GRMN
高出10.5%
3.5%
净利率更高
GRMN
高出14.7%
8.4%
自由现金流更多
GRMN
多$173.0M
$296.4M
两年增速更快
RPM
近两年复合增速
7.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.9B |
| 净利润 | $405.1M | $161.2M |
| 毛利率 | 59.4% | 40.8% |
| 营业利润率 | 24.6% | 11.0% |
| 净利率 | 23.1% | 8.4% |
| 营收同比 | 14.0% | 3.5% |
| 净利润同比 | 21.7% | -12.0% |
| 每股收益（稀释后） | $2.09 | $1.26 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GRMNRPM
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $1.9B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $1.8B | $2.1B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.6B | $2.0B | ||
| Q2 24 | $1.5B | $2.0B |
净利润GRMNRPM
| Q1 26 | $405.1M | — | ||
| Q4 25 | $528.7M | $161.2M | ||
| Q3 25 | $401.6M | $227.6M | ||
| Q2 25 | $400.8M | $225.8M | ||
| Q1 25 | $332.8M | $52.0M | ||
| Q4 24 | $435.7M | $183.2M | ||
| Q3 24 | $399.1M | $227.7M | ||
| Q2 24 | $300.6M | $180.6M |
毛利率GRMNRPM
| Q1 26 | 59.4% | — | ||
| Q4 25 | 59.2% | 40.8% | ||
| Q3 25 | 59.1% | 42.3% | ||
| Q2 25 | 58.8% | 42.4% | ||
| Q1 25 | 57.6% | 38.4% | ||
| Q4 24 | 59.3% | 41.4% | ||
| Q3 24 | 60.0% | 42.5% | ||
| Q2 24 | 57.3% | 41.4% |
营业利润率GRMNRPM
| Q1 26 | 24.6% | — | ||
| Q4 25 | 28.9% | 11.0% | ||
| Q3 25 | 25.8% | 14.1% | ||
| Q2 25 | 26.0% | 11.9% | ||
| Q1 25 | 21.7% | 2.8% | ||
| Q4 24 | 28.3% | 11.5% | ||
| Q3 24 | 27.6% | 14.8% | ||
| Q2 24 | 22.7% | 11.9% |
净利率GRMNRPM
| Q1 26 | 23.1% | — | ||
| Q4 25 | 24.9% | 8.4% | ||
| Q3 25 | 22.7% | 10.8% | ||
| Q2 25 | 22.1% | 10.8% | ||
| Q1 25 | 21.7% | 3.5% | ||
| Q4 24 | 23.9% | 9.9% | ||
| Q3 24 | 25.2% | 11.6% | ||
| Q2 24 | 20.0% | 9.0% |
每股收益（稀释后）GRMNRPM
| Q1 26 | $2.09 | — | ||
| Q4 25 | $2.72 | $1.26 | ||
| Q3 25 | $2.08 | $1.77 | ||
| Q2 25 | $2.07 | $1.76 | ||
| Q1 25 | $1.72 | $0.40 | ||
| Q4 24 | $2.24 | $1.42 | ||
| Q3 24 | $2.07 | $1.77 | ||
| Q2 24 | $1.56 | $1.40 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.3B | $316.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | — | $3.1B |
| 总资产 | $11.0B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资GRMNRPM
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $316.6M | ||
| Q3 25 | $2.1B | $297.1M | ||
| Q2 25 | $2.1B | $302.1M | ||
| Q1 25 | $2.2B | $241.9M | ||
| Q4 24 | $2.1B | $268.7M | ||
| Q3 24 | $2.0B | $231.6M | ||
| Q2 24 | $1.9B | $237.4M |
总债务GRMNRPM
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B |
股东权益GRMNRPM
| Q1 26 | — | — | ||
| Q4 25 | $9.0B | $3.1B | ||
| Q3 25 | $8.5B | $3.1B | ||
| Q2 25 | $8.1B | $2.9B | ||
| Q1 25 | $8.2B | $2.7B | ||
| Q4 24 | $7.8B | $2.7B | ||
| Q3 24 | $7.5B | $2.6B | ||
| Q2 24 | $7.0B | $2.5B |
总资产GRMNRPM
| Q1 26 | $11.0B | — | ||
| Q4 25 | $11.0B | $7.9B | ||
| Q3 25 | $10.5B | $7.9B | ||
| Q2 25 | $10.3B | $7.8B | ||
| Q1 25 | $9.8B | $6.6B | ||
| Q4 24 | $9.6B | $6.7B | ||
| Q3 24 | $9.3B | $6.6B | ||
| Q2 24 | $8.9B | $6.6B |
负债/权益比GRMNRPM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $536.0M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $469.4M | $296.4M |
| 自由现金流率自由现金流/营收 | 26.8% | 15.5% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | 1.32× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $582.9M |
8季度趋势，按日历期对齐
经营现金流GRMNRPM
| Q1 26 | $536.0M | — | ||
| Q4 25 | $553.8M | $345.7M | ||
| Q3 25 | $485.6M | $237.5M | ||
| Q2 25 | $173.2M | $149.2M | ||
| Q1 25 | $420.8M | $91.5M | ||
| Q4 24 | $483.9M | $279.4M | ||
| Q3 24 | $258.0M | $248.1M | ||
| Q2 24 | $255.3M | $181.2M |
自由现金流GRMNRPM
| Q1 26 | $469.4M | — | ||
| Q4 25 | $429.6M | $296.4M | ||
| Q3 25 | $425.1M | $175.0M | ||
| Q2 25 | $127.5M | $78.2M | ||
| Q1 25 | $380.7M | $33.3M | ||
| Q4 24 | $399.2M | $229.5M | ||
| Q3 24 | $219.4M | $197.3M | ||
| Q2 24 | $218.2M | $105.3M |
自由现金流率GRMNRPM
| Q1 26 | 26.8% | — | ||
| Q4 25 | 20.2% | 15.5% | ||
| Q3 25 | 24.0% | 8.3% | ||
| Q2 25 | 7.0% | 3.8% | ||
| Q1 25 | 24.8% | 2.3% | ||
| Q4 24 | 21.9% | 12.4% | ||
| Q3 24 | 13.8% | 10.0% | ||
| Q2 24 | 14.5% | 5.2% |
资本支出强度GRMNRPM
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | 2.6% | ||
| Q3 25 | 3.4% | 3.0% | ||
| Q2 25 | 2.5% | 3.4% | ||
| Q1 25 | 2.6% | 3.9% | ||
| Q4 24 | 4.6% | 2.7% | ||
| Q3 24 | 2.4% | 2.6% | ||
| Q2 24 | 2.5% | 3.8% |
现金转化率GRMNRPM
| Q1 26 | 1.32× | — | ||
| Q4 25 | 1.05× | 2.14× | ||
| Q3 25 | 1.21× | 1.04× | ||
| Q2 25 | 0.43× | 0.66× | ||
| Q1 25 | 1.26× | 1.76× | ||
| Q4 24 | 1.11× | 1.53× | ||
| Q3 24 | 0.65× | 1.09× | ||
| Q2 24 | 0.85× | 1.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GRMN
暂无分部数据
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
